NOT LISTED FOR SALE

5695 Merry Ln Excelsior, MN 55331

Estimated Value: $2,477,000 - $2,825,000

4 Beds
5 Baths
5,270 Sq Ft
$499/Sq Ft Est. Value

About This Home

This home is located at 5695 Merry Ln, Excelsior, MN 55331 and is currently estimated at $2,629,656, approximately $498 per square foot. 5695 Merry Ln is a home located in Hennepin County with nearby schools including Excelsior Elementary School, Minnetonka West Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Pettit Thomas F and Pettit Anne M
Bought by
Anne M Pettit Revocalbe Trust
Current Estimated Value
$2,629,656

Purchase Details

Closed on
Jun 12, 2013
Sold by
Petersen Karen I
Bought by
Pettit Thomas F and Pettit Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$480,035
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,149,621

Purchase Details

Closed on
Aug 3, 2000
Sold by
Anderson Steven J and Anderson Ann Marie
Bought by
Petersen Karen I

Purchase Details

Closed on
Mar 24, 2000
Sold by
Keith Waters & Associates Inc
Bought by
Anderson Steven J and Anderson Ann Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anne M Pettit Revocalbe Trust -- Attorney
Pettit Thomas F $1,465,588 None Available
Petersen Karen I $400,000 --
Anderson Steven J $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettit Thomas F $700,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $34,851 $2,588,800 $1,605,300 $983,500
2023 $32,769 $2,549,400 $1,707,200 $842,200
2022 $29,125 $2,467,000 $1,640,000 $827,000
2021 $27,916 $2,004,000 $1,323,000 $681,000
2020 $29,145 $1,909,000 $1,236,000 $673,000
2019 $27,611 $1,899,000 $1,236,000 $663,000
2018 $27,755 $1,792,000 $1,145,000 $647,000
2017 $27,651 $1,766,000 $1,065,000 $701,000
2016 $25,050 $1,580,000 $959,000 $621,000
2015 $23,703 $1,490,000 $869,000 $621,000
2014 -- $1,341,000 $738,000 $603,000
Source: Public Records

Map

Minnesota Hennepin County Excelsior 55331

5695 Merry Ln, Excelsior, MN

Not Listed for Sale

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